香港交易及結算所有限公司以及香港聯合交易所有限公司對本通告之內容概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 會 就 因 本 通告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任 何 責 任。 DINGYI GROUP INVESTMENT LIMITED 鼎億集團投資有限公司 （於百慕達註冊成立之有限公司） （股份代號：508） 股東週年大會通告 茲通告 鼎 億 集 團 投 資 有 限 公 司（「本公司」）謹 訂 於 二 零 二 五 年 八 月 二 十 一 日（星 期 四）下 午 三 時 正 假 座 香 港 灣 仔 港 灣 道1號會展廣場辦公大樓27樓2703室舉行股 東 週 年 大 會，藉 以 處 理 下 列 事 項： – 1 – 1. 考慮及接納截至二零二五年三月三十一日止年度本公司及其附屬公司之 經 審 核 合 併 財 務 報 表、本 公 司 董 事 會 報 告 書 及 獨 立 核 數 師 報 告。 2. (a) 重 選 岳 鷹 先 生 為 非 執 行 董 事。 (b) 重 選 曾 山 先 生 為 執 行 董 事。 (c) ...

此乃要件 請即處理 閣下如已將名下所有鼎億集團投資有限公司（「本公司」）股份售出或轉讓，應立即將本通函連同隨 附之代表委任表格送交買主或承讓人或經手買賣或轉讓之銀行、持牌證券交易商或其他代理商， 以便轉交買主或承讓人。 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢 閣下持牌證券交易商或其他註冊 證券機構、銀行經理、律師、專業會計師或其他專業顧問。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本通函全部或任何部份內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 DINGYI GROUP INVESTMENT LIMITED 鼎億集團投資有限公司 （於百慕達註冊成立之有限公司） （股份代號：508） (I)發行及購回股份之一般授權； (II)重選董事； 及 (III)股東週年大會通告 本公司謹訂於二零二五年八月二十一日（星期四）下午三時正假座香港灣仔港灣道1號會展廣場辦 公大樓27樓2703室舉行股東週年大會（「股東週年大會」），召開大會之通告載於本通函第18頁至第 22頁。 無論 閣下能否出席股東週年大會，務 ...

Financial Summary [Financial Summary](index=3&type=section&id=Financial%20Summary) The Group's revenue plummeted, resulting in a significant net loss driven by a sharp decline in Mainland China revenue Five-Year Financial Data Summary (HK$ million) | Financial Item (HK$ million) | 2025 | 2024 | 2023 | 2022 | 2021 | | :--- | :--- | :--- | :--- | :--- | :--- | | **Total Assets** | 2,408 | 2,644 | 3,945 | 4,416 | 3,956 | | **Total Liabilities** | 1,344 | 1,448 | 2,688 | 2,941 | 2,482 | | **Total Equity** | 1,064 | 1,196 | 1,257 | 1,475 | 1,474 | | **Revenue** | 280 | 862 | 1,217 | 155 | 226 | | **(Loss)/Profit Attributable to Owners** | (138) | 40 | 5 | (101) | 43 | | **(Loss)/Earnings Per Share (HK cents)** | (17.05) | 5.43 | 0.63 | (13.77) | 5.84 | | **Dividend** | – | – | – | – | – | - In fiscal year 2025, revenue from Mainland China was **HK$279.7 million**, a sharp decrease from HK$862.2 million in fiscal year 2024, which was the primary reason for the decline in the Group's total revenue[7](index=7&type=chunk) Corporate Information [Corporate Information](index=4&type=section&id=Corporate%20Information) This section outlines the company's core organizational structure, key personnel, and professional advisors - The Board of Directors comprises Executive, Non-executive, and Independent Non-executive Directors, with **Mr. Yue Ying as Chairman** and **Mr. Su Xiaonong as Chief Executive Officer**[11](index=11&type=chunk)[12](index=12&type=chunk) - The company has established Audit, Remuneration, and Nomination Committees, chaired by Independent Non-executive Director Mr. Chow Siu Hang or Non-executive Director Mr. Yue Ying to ensure governance independence[11](index=11&type=chunk)[12](index=12&type=chunk)[13](index=13&type=chunk) - The company's auditor is **Pan-China International CPA Limited**, and its shares are listed on The Stock Exchange of Hong Kong Limited under the stock code **508**[11](index=11&type=chunk)[15](index=15&type=chunk) Chairman's Statement [Chairman's Statement](index=6&type=section&id=Chairman's%20Statement) The Group reported a net loss due to property business decline but is diversifying through acquisitions and exploring new investments - The net loss for the year was mainly caused by a combination of factors: - Decreased sales recognized from the property development business in China - Impairment loss provisions for loans and interest receivable - Write-downs of properties under development and properties held for sale - The loss was partially offset by gains on fair value changes of financial assets[19](index=19&type=chunk)[21](index=21&type=chunk) - On March 31, 2025, the Group completed the acquisition of Savor Dining Collective Limited, re-entering the high-end catering business and now holds **six restaurants in prime locations in Shenzhen**[24](index=24&type=chunk)[27](index=27&type=chunk) - The Group will continue to explore investment opportunities in sectors such as **new energy, finance, marine industries, and property development**[25](index=25&type=chunk)[27](index=27&type=chunk) Management Discussion and Analysis [Business Review](index=9&type=section&id=Business%20Review) The Group's revenue fell 67.5% leading to a net loss, driven by property business decline, despite a turnaround in securities trading Performance by Business Segment (HK$ million) | Business Segment | 2025 Revenue | 2024 Revenue | 2025 (Loss)/Profit | 2024 (Loss)/Profit | | :--- | :--- | :--- | :--- | :--- | | **Securities Trading** | - | - | 31 | (5) | | **Loan Financing** | 56 | 71 | 44 | 152 | | **Property Development** | 223 | 791 | (187) | (12) | - As of March 31, 2025, the total principal amount of loans receivable was approximately **HK$882 million** (2024: HK$854 million), with annual interest rates ranging from **6% to 8%**[45](index=45&type=chunk)[49](index=49&type=chunk) - The acquisition of the catering service business was completed on March 31, 2025, marking the Group's re-entry into the restaurant industry with **six high-end restaurants in Shenzhen**[83](index=83&type=chunk)[86](index=86&type=chunk) [Financial Review](index=17&type=section&id=Financial%20Review) The Group's financial position weakened with decreased revenue and cash reserves, though gross profit margin improved Key Financial Indicators (HK$ million) | Indicator | 2025 | 2024 | | :--- | :--- | :--- | | **Revenue** | 280 | 862 | | **Gross Profit** | 60 | 108 | | **Gross Profit Margin** | 21.4% | 12.5% | | **Shareholders' Funds** | 1,064 | 1,196 | | **Cash and Bank Balances** | 51 | 114 | - The total debt-to-equity ratio increased from **0.82** in 2024 to **0.92** in 2025, and the net debt-to-equity ratio rose from **0.72** to **0.87**[103](index=103&type=chunk)[108](index=108&type=chunk) - As of March 31, 2025, the fair value of the Group's listed equity securities was approximately **HK$41 million**, with a recorded fair value gain of about **HK$31 million**[94](index=94&type=chunk)[100](index=100&type=chunk) [Strategy and Outlook](index=19&type=section&id=Strategy%20and%20Outlook) The Group will maintain core operations while actively seeking new investment opportunities in strategic growth sectors - The Group will continue to explore new investment opportunities beyond its existing businesses to strengthen its core operations and enhance shareholder value[116](index=116&type=chunk)[121](index=121&type=chunk) - Key investment areas of focus include **resource and energy projects, property development, fintech, pharmaceuticals, and marine industries**[116](index=116&type=chunk)[121](index=121&type=chunk) Directors and Senior Management Profile [Directors and Senior Management Profile](index=19&type=section&id=Directors%20and%20Senior%20Management%20Profile) This section details the extensive professional backgrounds and diverse expertise of the company's directors and senior management - Executive Directors **Mr. Su Xiaonong** and **Mr. Zeng Shan** possess decades of experience in investment management, corporate restructuring, and venture capital[122](index=122&type=chunk)[123](index=123&type=chunk) - Non-executive Director and Chairman **Mr. Yue Ying** has over 30 years of experience in banking, finance, and risk management, having held senior positions at several major banks[127](index=127&type=chunk) - The team of Independent Non-executive Directors comprises professionals with backgrounds in **audit, accounting, law, and banking**, providing independent oversight for corporate governance[133](index=133&type=chunk)[136](index=136&type=chunk)[137](index=137&type=chunk) Corporate Governance Report [Corporate Governance Framework](index=25&type=section&id=Corporate%20Governance%20Framework) The company adheres to high corporate governance standards, with separate Chairman and CEO roles, despite some minor code deviations - During the reporting period, the company complied with all code provisions of the Corporate Governance Code, with some deviations such as **the notice period for seven board meetings being less than 14 days**[146](index=146&type=chunk)[176](index=176&type=chunk) - A director of a subsidiary, **Mr. Li Guangyu**, inadvertently conducted two share transactions during a blackout period, breaching the Model Code; the company has taken remedial actions[153](index=153&type=chunk)[154](index=154&type=chunk)[155](index=155&type=chunk) - Since October 15, 2024, the roles of **Chairman (Mr. Yue Ying)** and **Chief Executive Officer (Mr. Su Xiaonong)** have been held by different individuals, in compliance with the code[184](index=184&type=chunk) [Board Committees](index=33&type=section&id=Board%20Committees) The company's governance is supported by Audit, Remuneration, and Nomination committees to ensure oversight and accountability - The Audit Committee comprises three Independent Non-executive Directors, with Chairman **Mr. Chow Siu Hang** holding professional accounting qualifications; it held **3 meetings** to review financial reports and internal controls[195](index=195&type=chunk)[201](index=201&type=chunk)[203](index=203&type=chunk) - The Remuneration Committee, consisting of three Independent Non-executive Directors and one Executive Director, held **3 meetings** to review the remuneration packages for directors and senior management[205](index=205&type=chunk)[208](index=208&type=chunk) - The Nomination Committee reviews the Board's structure and composition and has adopted a board diversity policy; as of March 31, 2025, the Board included **one female director**[213](index=213&type=chunk)[216](index=216&type=chunk)[217](index=217&type=chunk) [Risk Management and Internal Control](index=42&type=section&id=Risk%20Management%20and%20Internal%20Control) The Group maintains a COSO-based risk management and internal control system, which was deemed effective by the Board - The Group's risk management system involves risk identification, assessment, and management, while its internal control system is based on the **COSO 2013 framework**[239](index=239&type=chunk)[240](index=240&type=chunk) - The Board, through the Audit Committee, conducted an annual review of the risk management and internal control systems and concluded they were **effective and adequate**[253](index=253&type=chunk)[261](index=261&type=chunk) - The Group's internal audit function is outsourced to an independent professional firm, whose annual review found the systems to be **generally satisfactory with no major control deficiencies identified**[247](index=247&type=chunk)[254](index=254&type=chunk) [Shareholders' Rights](index=46&type=section&id=Shareholders'%20Rights) This section outlines procedures for shareholders to convene meetings, make inquiries, and propose resolutions - Shareholders holding not less than **one-tenth of the paid-up capital** of the company may request the Board to convene a special general meeting[270](index=270&type=chunk) - The company has established multiple channels, including email, mail, and general meetings, to ensure two-way communication with shareholders[272](index=272&type=chunk) - The company adopted a dividend policy in March 2019, but dividend declaration is not guaranteed and depends on various factors including financial condition and future capital needs[277](index=277&type=chunk)[278](index=278&type=chunk) Environmental, Social and Governance Report [A. Environmental Aspects](index=54&type=section&id=A.%20Environmental%20Aspects) The Group reduced its environmental footprint, primarily due to the completion of property projects, and is managing climate-related risks Environmental Performance Data | Indicator | Unit | 2025 | 2024 | | :--- | :--- | :--- | :--- | | **Total GHG Emissions** | tonnes CO2e | 49.5 | 146 | | **Total Energy Consumption** | MWh | 84 | 254 | | **Total Water Consumption** | m³ | 4,216 | 3,833 | | **Non-hazardous Waste** | tonnes | 0.25 | 0.25 | - The significant reduction in greenhouse gas emissions and energy consumption was mainly attributable to the **completion of projects in the property development business**[326](index=326&type=chunk)[327](index=327&type=chunk) - The Group has identified climate-related risks, including transition risks like stricter building regulations and physical risks like extreme weather, and has developed corresponding mitigation strategies[357](index=357&type=chunk)[359](index=359&type=chunk)[360](index=360&type=chunk) [B. Social Aspects](index=63&type=section&id=B.%20Social%20Aspects) The Group expanded its workforce through acquisition while maintaining strong labor standards, product responsibility, and anti-corruption measures - As of March 31, 2025, the total number of employees increased significantly to **264** (2024: 49), with an annual employee turnover rate of **16%**[367](index=367&type=chunk)[368](index=368&type=chunk)[369](index=369&type=chunk) - Over the past three years, the Group recorded **no lost days due to work injury** and **no work-related fatalities**[376](index=376&type=chunk) - The Group strictly adheres to anti-corruption regulations with established reporting policies; there were **no legal cases regarding corrupt practices** against the Group or its employees during the period[400](index=400&type=chunk)[401](index=401&type=chunk) - During the reporting period, the Group received **no complaints regarding its products and services** and identified **no violations of customer data protection regulations**[393](index=393&type=chunk)[399](index=399&type=chunk) Report of the Directors [Business and Financial Overview](index=79&type=section&id=Business%20and%20Financial%20Overview) The Group's principal activities are investment holding and its subsidiaries' operations, with no final dividend proposed for the year - The Board **does not recommend the payment of a final dividend** for the year ended March 31, 2025[427](index=427&type=chunk)[433](index=433&type=chunk) - Revenue from the five largest customers accounted for approximately **4%** of total revenue, while purchases from the five largest suppliers accounted for about **86%** of total purchases[439](index=439&type=chunk)[444](index=444&type=chunk) - As of March 31, 2025, the Group had **264** full-time employees worldwide (2024: 49), with total annual staff costs of approximately **HK$10 million**[440](index=440&type=chunk)[445](index=445&type=chunk) [Directors' and Shareholders' Interests](index=82&type=section&id=Directors'%20and%20Shareholders'%20Interests) This section discloses the shareholding interests of directors and major shareholders, identifying Mr. Li Guangyu as the ultimate controlling party Interests of Directors and Chief Executive | Name of Director | Capacity | Number of Shares Held | Approx. % of Issued Shares | | :--- | :--- | :--- | :--- | | Mr. Su Xiaonong | Beneficial owner | 1,465,500 | 0.17% | | Mr. Zeng Shan | Beneficial owner | 20,546,500 | 2.42% | Substantial Shareholders' Interests | Name of Substantial Shareholder | Capacity | Number of Shares Held | Approx. % of Issued Shares | | :--- | :--- | :--- | :--- | | Mr. Li Guangyu | Beneficial owner & interest of controlled corporation | 326,071,540 | 38.33% | | Winner Zone Capital Investment Limited | Beneficial owner | 297,967,040 | 35.03% | | China State Shipbuilding Corporation Limited | Interest of controlled corporations | 90,868,500 | 10.68% | [Share Option Scheme](index=86&type=section&id=Share%20Option%20Scheme) The company's old share option scheme expired, and a new scheme was adopted in November 2023 with no options granted yet - The remaining **60,950,000 options** under the old share option scheme lapsed after April 10, 2024, leaving no outstanding options under that scheme as of March 31, 2025[492](index=492&type=chunk)[497](index=497&type=chunk) - The company adopted a new 10-year share option scheme on November 3, 2023, with a total of **73,567,830 shares** available for issue, representing approximately **8.65%** of the issued shares[499](index=499&type=chunk)[503](index=503&type=chunk) - As of the date of this report, **no options have been granted** under the new share option scheme[505](index=505&type=chunk)[515](index=515&type=chunk) Independent Auditor's Report [Auditor's Opinion and Key Audit Matters](index=96&type=section&id=Auditor's%20Opinion%20and%20Key%20Audit%20Matters) The auditor issued an unqualified opinion, highlighting impairment of loans receivable and property valuation as key audit matters - The auditor issued an **unqualified opinion** on the Group's consolidated financial statements[556](index=556&type=chunk)[558](index=558&type=chunk) - Key Audit Matter 1: **Impairment assessment of loans and interest receivable**, which had a carrying amount of approximately HK$852 million with a loss allowance of HK$96.29 million, involving significant management judgment on the ECL model[561](index=561&type=chunk)[564](index=564&type=chunk)[565](index=565&type=chunk) - Key Audit Matter 2: **Net realizable value assessment of properties under development and held for sale**, with a combined carrying amount of approximately HK$1.049 billion and a write-down of HK$140 million, requiring high-level management judgment[570](index=570&type=chunk)[572](index=572&type=chunk)[573](index=573&type=chunk) Consolidated Financial Statements [Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=104&type=section&id=Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) The Group's revenue declined sharply, leading to a net loss attributable to owners of HK$138 million for the fiscal year Key Data from Consolidated Statement of Profit or Loss (HK$'000) | Item | 2025 | 2024 | | :--- | :--- | :--- | | **Revenue** | 279,708 | 862,189 | | **Gross Profit** | 59,947 | 108,018 | | **(Loss)/Profit Before Tax** | (127,354) | 116,547 | | **(Loss)/Profit Attributable to Owners** | (138,195) | 39,984 | | **Basic and Diluted (Loss)/Earnings Per Share (HK cents)** | (17.05) | 5.43 | [Consolidated Statement of Financial Position](index=105&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) The Group's total assets and equity decreased, primarily due to a reduction in the value of property assets Key Data from Consolidated Statement of Financial Position (HK$'000) | Item | 2025 | 2024 | | :--- | :--- | :--- | | **Total Assets** | 2,408,279 | 2,644,228 | | Non-current Assets | 135,185 | 54,074 | | Current Assets | 2,273,094 | 2,590,154 | | **Total Liabilities** | 1,344,370 | 1,448,363 | | Current Liabilities | 1,315,450 | 1,447,262 | | Non-current Liabilities | 28,920 | 1,101 | | **Total Equity** | 1,063,909 | 1,195,865 | [Consolidated Statement of Cash Flows](index=110&type=section&id=Consolidated%20Statement%20of%20Cash%20Flows) The Group experienced a net cash outflow from operating activities, resulting in a decrease in cash and cash equivalents Key Data from Consolidated Statement of Cash Flows (HK$'000) | Item | 2025 | 2024 | | :--- | :--- | :--- | | **Net Cash From Operating Activities** | (79,699) | 225,786 | | **Net Cash From Investing Activities** | 553 | 361 | | **Net Cash From Financing Activities** | 30,115 | (314,292) | | **Net Decrease in Cash and Cash Equivalents** | (49,031) | (88,145) | | **Cash and Cash Equivalents at End of Year** | 51,473 | 113,981 | [Notes to the Consolidated Financial Statements](index=112&type=section&id=Notes%20to%20the%20Consolidated%20Financial%20Statements) The notes detail the basis of preparation, segmental performance, and the acquisition of a new catering business - Despite the Group's loss, the ultimate controlling party, **Mr. Li Guangyu**, has committed not to demand repayment of his HK$980 million loan before March 31, 2026, thus supporting the going concern basis of the financial statements[621](index=621&type=chunk)[623](index=623&type=chunk) Segment Assets and Liabilities for FY2025 (HK$'000) | Business Segment | Segment Assets | Segment Liabilities | | :--- | :--- | :--- | | **Securities Trading** | 40,665 | – | | **Loan Financing** | 851,696 | – | | **Property Development** | 1,401,713 | 127,082 | | **Catering Services** | 78,804 | 56,867 | - On March 31, 2025, the Group acquired Savor Group for a base consideration of **HK$22 million**, which resulted in goodwill of HK$63,000 that was **fully impaired** within the year[913](index=913&type=chunk)[916](index=916&type=chunk)[918](index=918&type=chunk)

DINGYI GROUP INVESTMENT LIMITED 鼎億集團投資有限公司 （於百慕達註冊成立之有限公司） （股份代號：508） 董事名單與其角色及職能 岳鷹先生 （主 席） 劉苗苗女士 獨 立 非 執 行 董 事： 周肇基先生 葉志威先生 張志偉先生 董事會設立3個 董 事 委 員 會。下 表 提 供 各 董 事 會 成 員 於 該 等 董 事 委 員 會 中 所 擔 任 的 職 位。 | | 董事委員會 | 審 | 核 | 薪 | 酬 | 提 | 名 | | --- | --- | --- | --- | --- | --- | --- | --- | | 董 事 | | | 委員會 | 委員會 | | | 委員會 | | 岳鷹先生 | | | | | | 主 | 席 | | 蘇 曉 濃 先 生 | | | | 成 | 員 | | | | 劉苗苗女士 | | | | | | 成 | 員 | | 周肇基先生 | | 主 | 席 | 主 | 席 | 成 | 員 | | 葉志威先生 | | 成 | 員 | 成 | 員 | 成 | 員 | | 張志偉先生 | | 成 | 員 | 成 | 員 | 成 | ...

鼎億集團投資有限公司 香港交易及結算所有限公司以及香港聯合交易所有限公司對本公佈之內容概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 會 就 因 本 公佈全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任 何 責 任。 DINGYI GROUP INVESTMENT LIMITED 承董事會命 鼎億集團投資有限公司 主 席 岳 鷹 香 港，二 零 二 五 年 六 月 三 十 日 於 本 公 佈 日 期，董 事 會 包 括 執 行 董 事 蘇 曉 濃 先 生（行 政 總 裁）及 曾 山 先 生；非 執 行 董 事 岳 鷹 先 生（主 席）及 劉 苗 苗 女 士；及 獨 立 非 執 行 董 事 周 肇 基 先 生、葉 志 威 先 生 及 張 志 偉 先 生。 （於百慕達註冊成立之有限公司） （股份代號：508） 委任提名委員會成員 鼎 億 集 團 投 資 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）謹 此 宣 佈，劉 苗 苗 女 士 及 張 志 偉 先 生（分 別 為 非 執 行 董 事 及 獨 立 非 執 行 董 事 ...

DINGYI GROUP INVESTMENT LIMITED 鼎億集團投資有限公司 （於百慕達註冊成立之有限公司） （股份代號：508） 提 名 委 員 會（「委 員 會」） 之職權範圍 組 成 委 員 會 乃 由 本 公 司 之 董 事（「董 事」）會（「董 事 會」）成 立。 成 員 委 員 會 成 員 由 董 事 會 委 任，並 須 最 少 由 三 人 組 成，且 大 部 分 成 員 須 為 獨 立 非 執 行 董 事。 委 員 會 主 席（「主 席」）須 由 董 事 會 委 任，且 應 為 董 事 會 主 席 或 獨 立 非 執 行 董 事。 倘 主 席 及╱或 獲 委 任 副 主 席 缺 席 時，則 餘 下 出 席 成 員 可 推 選 彼 等 其 中 一 名 成 員 主 持 會 議。 董 事 會 主 席、行 政 總 裁 或 財 務 總 監 如 獲 邀 請，則 須 出 席 委 員 會 會 議。 秘 書 公 司 秘 書 須 為 委 員 會 的 秘 書（「秘 書」）。秘 書 或 其 代 表（在 其 缺 席 時）或 出 席 委 員 會 會 議 的 成 員 選 出 的 任 何 人 應 出 席 委 員 會 會 ...

Financial Statements [Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=2&type=section&id=Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) The Group reported a significant shift from profit to loss for the year ended March 31, 2025, with revenue declining 67.6% to HKD 280 million and a loss of HKD 138 million Key Performance Indicators for Annual Results | Indicator | 2025 (HKD thousands) | 2024 (HKD thousands) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Revenue | 279,708 | 862,189 | -67.6% | | Gross Profit | 59,947 | 108,018 | -44.5% | | (Loss)/Profit Before Tax | (127,354) | 116,547 | Turned from profit to loss | | (Loss)/Profit for the Year Attributable to Owners of the Company | (138,195) | 39,984 | Turned from profit to loss | | Basic (Loss)/Earnings Per Share (HK cents) | (17.05) | 5.43 | Turned from profit to loss | - The shift from profit to loss this year was primarily due to a combination of factors: decreased sales in China's property development business, impairment loss provision for loans and interest receivables, and write-down of properties under development and held for sale[3](index=3&type=chunk)[31](index=31&type=chunk) [Consolidated Statement of Financial Position](index=3&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) As of March 31, 2025, the Group's total assets decreased by 8.9% to HKD 2.408 billion, with total equity declining 11.0% to HKD 1.064 billion and cash falling 54.8% Key Financial Position Data (As at Reporting Date) | Indicator | 2025 (HKD thousands) | 2024 (HKD thousands) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Total Assets | 2,408,279 | 2,644,228 | -8.9% | | Total Liabilities | 1,344,370 | 1,448,363 | -7.2% | | Total Equity | 1,063,909 | 1,195,865 | -11.0% | | Net Current Assets | 957,644 | 1,142,892 | -16.2% | | Cash and Cash Equivalents | 51,473 | 113,981 | -54.8% | - The Group's other loans at the end of the reporting period were approximately **HKD 980 million**, primarily from the ultimate controlling shareholder, Mr. Li Guangyu; this amount was originally convertible bonds, and the conversion right expired in March 2023, becoming ordinary debt[4](index=4&type=chunk)[64](index=64&type=chunk) - The total debt-to-equity ratio increased from **0.82** in the prior year to **0.92**, indicating a higher leverage level[63](index=63&type=chunk) Notes to the Consolidated Financial Statements [1. General Information & Going Concern Basis](index=5&type=section&id=1.%20General%20Information%20%26%20Going%20Concern%20Basis) The company, engaged in diverse businesses, maintains a going concern basis for financial reporting, supported by the ultimate controlling shareholder's commitment not to recall HKD 980 million in loans - The Group primarily engages in four businesses: loan financing, securities trading, property development, and catering services[6](index=6&type=chunk) - The Group's ability to continue as a going concern is uncertain and relies on the ongoing financial support from the ultimate controlling shareholder, Mr. Li Mr. Li has committed not to demand repayment of his approximately **HKD 980 million** loan before March 31, 2026[9](index=9&type=chunk)[10](index=10&type=chunk) [4. Revenue & 5. Segment Information](index=7&type=section&id=4.%20Revenue%20%26%205.%20Segment%20Information) Total revenue declined 67.6% to HKD 280 million, primarily due to a sharp drop in property development revenue, while loan financing remained profitable and securities trading turned profitable Revenue and Results by Business Segment (For the year ended March 31, 2025) | Business Segment | External Revenue (HKD thousands) | Segment Profit/(Loss) (HKD thousands) | | :--- | :--- | :--- | | Securities Trading | – | 31,312 | | Loan Financing | 56,474 | 43,893 | | Property Development | 223,234 | (186,508) | | Catering Services | – | – | Revenue and Results by Business Segment (For the year ended March 31, 2024) | Business Segment | External Revenue (HKD thousands) | Segment (Loss)/Profit (HKD thousands) | | :--- | :--- | :--- | | Securities Trading | – | (4,470) | | Loan Financing | 70,803 | 152,530 | | Property Development | 791,386 | (12,211) | - The significant decrease in total revenue was primarily attributable to reduced property sales revenue, which fell from **HKD 791 million** in the prior year to **HKD 223 million**[14](index=14&type=chunk) [8. Dividends & 9. Earnings Per Share](index=11&type=section&id=8.%20Dividends%20%26%209.%20Earnings%20Per%20Share) No dividends were declared for the year, resulting in a basic and diluted loss per share of 17.05 HK cents, a reversal from prior year's earnings - The Board decided not to recommend any final dividend for the year ended March 31, 2025[20](index=20&type=chunk)[30](index=30&type=chunk) (Loss)/Earnings Per Share | Indicator | 2025 | 2024 | | :--- | :--- | :--- | | (Loss)/Profit Attributable to Owners of the Company (HKD thousands) | (138,195) | 39,984 | | Basic and Diluted (Loss)/Earnings Per Share (HK cents) | (17.05) | 5.43 | [13. Share Capital](index=14&type=section&id=13.%20Share%20Capital) The company's share capital changed due to a 10-for-1 share consolidation in August 2023 and the placement of 115 million new shares in August 2024 - In August 2023, the company implemented a share consolidation, combining every **10 shares** of **HKD 0.01** par value into **1 share** of **HKD 0.10** par value[27](index=27&type=chunk)[29](index=29&type=chunk) - In August 2024, the company completed a placement, issuing **115 million new shares** to independent third parties at **HKD 0.47 per share**[28](index=28&type=chunk) Management Discussion and Analysis [Business Review](index=15&type=section&id=Business%20Review) The Group faced significant business challenges, with total revenue declining and a shift to loss, primarily due to weak property development, while loan financing remained profitable and securities trading turned profitable [Securities Trading](index=15&type=section&id=Securities%20Trading) The securities trading business turned profitable, recording a gain of approximately HKD 31 million from fair value changes of listed securities, reversing a prior year loss - This year, the securities trading business recorded a gain from fair value changes of approximately **HKD 31 million**, compared to a loss of approximately **HKD 5 million** last year, achieving a turnaround[33](index=33&type=chunk) [Loan Financing](index=15&type=section&id=Loan%20Financing) Loan financing revenue decreased to HKD 56 million, with segment profit falling to HKD 44 million due to a HKD 13 million impairment provision, while total loans receivable stood at HKD 882 million Loan Financing Business Performance | Indicator | 2025 (HKD thousands) | 2024 (HKD thousands) | | :--- | :--- | :--- | | Revenue | 56,000 | 71,000 | | Impairment Provision/(Reversal) | (13,000) | 82,000 | | Segment Profit | 44,000 | 152,000 | - As of March 31, 2025, the total principal amount of loans receivable was approximately **HKD 882 million**, with annual interest rates ranging from **6% to 8%** All loans are unsecured and have a maturity within 12 months[37](index=37&type=chunk)[38](index=38&type=chunk) - The Group has established a two-tier structure comprising a Loan Approval Committee and a Loan Financing Management Team, and implemented internal control procedures including due diligence, credit risk assessment, and post-lending review[39](index=39&type=chunk)[41](index=41&type=chunk) [Property Development](index=20&type=section&id=Property%20Development) Property development revenue sharply declined to HKD 223 million, with segment loss expanding to HKD 187 million, primarily due to reduced sales of completed properties Property Development Business Performance | Indicator | 2025 (HKD thousands) | 2024 (HKD thousands) | | :--- | :--- | :--- | | Revenue | 223,000 | 791,000 | | Segment Loss | (187,000) | (12,000) | [Catering Services](index=20&type=section&id=Catering%20Services) The Group re-entered the catering industry by acquiring six restaurants in Shenzhen on March 31, 2025, viewing it as a strategic platform for future high-end catering development - As of March 31, 2025, the Group completed the acquisition of a catering services business, holding **six restaurants** located in Shenzhen, including Ensue, Terra Madre, etc[53](index=53&type=chunk) [Financial Review](index=21&type=section&id=Financial%20Review) Financial performance significantly declined with substantial drops in revenue and gross profit, while gross profit margin improved to 21.4% and financial leverage increased - Revenue decreased from **HKD 862 million** to **HKD 280 million**, primarily due to reduced revenue from the property development segment[56](index=56&type=chunk) - Gross profit decreased from **HKD 108 million** to approximately **HKD 60 million**, but gross profit margin increased from **12.5%** to **21.4%**[57](index=57&type=chunk) - Cash and bank balances decreased from **HKD 114 million** to **HKD 51 million**[62](index=62&type=chunk) - The total debt-to-equity ratio increased from **0.82** to **0.92**, and the net debt-to-equity ratio increased from **0.72** to **0.87**[63](index=63&type=chunk) [Strategy and Outlook](index=24&type=section&id=Strategy%20and%20Outlook) The Group aims to consolidate existing businesses and explore new investment opportunities in sectors like resources, fintech, and pharmaceuticals to enhance shareholder value - The Group will continue to explore new investment opportunities, with a focus on areas including resource and energy projects, property development, financial technology, pharmaceutical, and marine industries[71](index=71&type=chunk) Corporate Governance and Other Information [Corporate Governance Code](index=24&type=section&id=Corporate%20Governance%20Code) The company largely complied with the Corporate Governance Code, with deviations noted in the separation of Chairman and CEO roles, board meeting notice periods, and Audit Committee meetings - From **April 1, 2024, to October 14, 2024**, the roles of Chairman and Chief Executive Officer were held by the same person, deviating from **Code Provision C.2.1**, which has since been rectified[73](index=73&type=chunk) - During the year, the notice period for **seven Board meetings** was less than **14 days**, deviating from **Code Provision C.5.3**[77](index=77&type=chunk) - Due to the absence of an auditor appointed to review the interim report, the Audit Committee met with the auditor only **once** during the year, instead of the recommended minimum of **at least twice** by the Code, deviating from **Code Provision D.3.3**[77](index=77&type=chunk)

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 佈 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 DINGYI GROUP INVESTMENT LIMITED 鼎億集團投資有限公司 （於百慕達註冊成立之有限公司） （股份代號：508） 本公佈所載資料僅基於董事會對本集團於本年度之未經審核綜合管理賬目所 作 之 初 步 評 估 及 董 事 會 目 前 可 得 資 料，該 等 資 料 未 經 本 公 司 核 數 師 審 計 或 審 閱，故 可 能 面 臨 變 動。本 公 司 仍 在 審 定 其 本 年 度 的 經 審 核 綜 合 財 務 報 表。股 東 及 有 意 投 資 者 務 請 細 閱 本 公 司 於 本 年 度 的 年 度 業 績 公 佈（預 期 於 二 零 二 五 年 六 月 底 發 佈）。 股 東 及 有 意 投 資 者 買 賣 本 公 司 證 券 時 務 請 審 慎 行 事。 承董事會命 盈利警告 本 公 佈 乃 由 鼎 億 集 團 ...

香港交易及結算所有限公司以及香港聯合交易所有限公司對本公佈之內容概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 會 就 因 本 公佈全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任 何 責 任。 DINGYI GROUP INVESTMENT LIMITED 鼎億集團投資有限公司 （於百慕達註冊成立之有限公司） （股份代號：508） 補充公佈 須予披露交易 有關收購 SAVOR DINING全部股權 茲 提 述 鼎 億 集 團 投 資 有 限 公 司（「本公司」）日 期 為 二 零 二 五 年 三 月 三 十 一 日 之 公 佈（「該公佈」），內 容 有 關 就 收 購 事 項 訂 立 買 賣 協 議。除 另 有 界 定 外，本 公 佈 所 用 詞 彙 與 該 公 佈 所 界 定 者 具 有 相 同 涵 義。 董 事 會 謹 此 就 收 購 事 項 提 供 以 下 補 充 資 料。 買賣協議之補充協議 誠 如 該 公 佈 所 披 露，收 購 事 項 之 代 價 由 兩 部 分 組 成，第 一 部 分 為 基 本 代 價，乃 參 考S ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部分 內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 董事會會議召開日期 鼎億集團投資有限公司（「本公司」）董事會（「董事會」）謹此公佈，本公司訂於 二零二五年六月三十日（星期一）舉行董事會會議，藉以（其中包括）批准本公司及其 附屬公司截至二零二五年三月三十一日止年度之經審核全年業績公佈，及考慮建議派付 末期股息（如有）。 承董事會命 鼎億集團投資有限公司 主席 岳鷹 香港，二零二五年六月十八日 於本公佈日期，董事會包括執行董事蘇曉濃先生（行政總裁）及曾山先生；非執行董事 岳鷹先生（主席）及劉苗苗女士；及獨立非執行董事周肇基先生、葉志威先生及張志偉 先生。 ...